Trump Elevates Global Tariff to 15% in Defiant Trade Push

TL;DR Summary
President Trump announced on social media that the global tariff will rise to 15% and take effect immediately, continuing his aggressive tariff strategy after the Supreme Court invalidated earlier duties. The 15% rate replaces the prior 10% rate with some exemptions (agriculture, Canada–Mexico under USMCA, certain Central American deals) and will apply to all other countries, while the administration signals use of other powers like Section 301 and Section 232 for further tariffs. The move aims to pressure allies and rivals to strike favorable terms, but risks higher costs for American consumers and businesses.
- Trump Says He Will Raise Global Tariff to 15 Percent - The New York Times The New York Times
- In tariff case, Supreme Court justices bicker over treating Trump and Biden differently NBC News
- Trump’s Favorite Appointee Right Now Is the One Who Didn’t Challenge His Power Mother Jones
- Live updates: Trump doubles down on tariffs, weighs limited military strike on Iran CNN
- Trump’s response to Supreme Court tariff ruling opens new era of uncertainty The Washington Post
Reading Insights
Total Reads
1
Unique Readers
2
Time Saved
6 min
vs 7 min read
Condensed
93%
1,322 → 94 words
Want the full story? Read the original article
Read on The New York Times